harity Y¢glstrntlon numboT 1172148 NASSINGTON PRE4CHOOL CIO ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024
NASSINGTON PRE4CHOOL CIO LEGAL AND ADMINISTRATIVE INFORMATION Tru$tse$ L John D Burrows D Mortimgr D Wells C Wgljs S Lange E Davidson (Appoinlgd 4 M•rch 20241 (Appuinled 6 Novembèr 20231 Chrlty numb•r 1172148 Prlnelpal addr•sB The Playln9 Flold# Foth8ringh8y Road Nasslnglon Pelerborough PEB 6QU Ind•p•hdoht •TrVr K M Hllll8rdACA FCCA CTA 36 Tyndall Court Lyn¢hwo¢)d P8ièrborough Cgmtxldg8$hlrè PE2 6LR
NASSINGTON PRE-SCHOOL CIO CONTENTS Page Trusloes. r&pcrfl Independenl èxamlnerfs report sial•m¢nt of finandal acUvi118s 8al3n¢e shaet Notes lo the finanelal stslem¢nts 6-12
NASSINGTON PRE4CHOOL CIO TRUSTEES, REPORT FOR THE YEAR ENDED 31 AUGUST 2024 Th9 tiusleès pSent th•lr •nnual r•port and fingncial 5taltrrfftnls lor the year ènd¢d 31 Au9Ugt 2024. The Ilnanclal statements haw been prepared In 8ce4rdance wth the ac¢ounllng pohty&s nolo 1 to thg financial $talèments ond eonwty th Ihg tharitys governin9 do¢umenl, the Ch?rft4&s Acl 2011 and 'Acwunllng an Reporttng ty Charities.. Slatfrmenl of Recommonded Ptscti¢e applWJle to Charstles parIng accounts accordance wilh the Fln8ntyal R?portlng Stand8fd apphc8e in Ihe UK and Republic of Irekqnil IFRS 1021. (effecllve 1 J8nu4ry 20191 ObJ•etlv•¥ gnd ¢tlvftl•i The obJects ar9 Ihe develot¥nonl ¥nd 8dUc4tlC ofchlklr6n and young p8opJe tn parti181 ty. l. Promoting thèlr carè and $8fety.' 2. Promoting Ihelr educat and promollrwd parenlal involv•menl', 3. Promoting thèir h&al¢h and w8llbelng- 4. Providing $8CeS lo support thom ai)d thelr lamllF8s ?nd ¢erers,' 5. Proding serws to indlvlduals holdin9 memb¢rnhlp oflhe CIO; 6, Futheirng Ihe alms of the pre-school alllance. The Irus16•$ have pald duè ra9aid io guldance issued by th8 Charity CornmF$SiCffi in docidin9 what ath11tr6 th¢ Charity Should undertak•. A¢hl•Y•ments and performan After 8 ch8ll8ngiNJ ftsw years slnce COVID, Nassingron Pre4choof is feeling thg recovèry w6• beèn tyking lowards. This Is thanks tho lot41 ¢ommnity. posl and prgsent famllifrs. our Iru8t••$ and r leg$1 our Mmmrtted Our fundralslng h95 be•n quit8 8UGC8$sful thls ar - throwk inlii lives such a5 Giv& A8 You Live, 8 8FJnsoT8d rru5te8 tyike ride. Olhgr •vent$. We 11. through our Tw5t8. fam111•5, stsff and Ihe foGg1 community, ¢tsnlir¢u• lo build on IhL8. Thls Is 8 slgnif¢cant achlavnenl lor us, 48 emerged ftom th? sp$c pressures of the 1981 f•w y8aFs'. rt hglp$ ¢onsdidal& tyjr valued posltlDn IA tho thal comwrtjnlty. But th? presstsres on Ihe Earfy Yeats sector havo tInued. As vAth prevh)us years, th• ¢osi of Iving IsGue8 ond restrided fitndlng remain. This comlng yeBr wlll bring lurthgr challeng8s gs lund¢d kny¢8r old places tske effect. As TNsieÈs we are hopeTul that Ouf fundraisin9 efforts and commLtnity presaneo will help mrfvjate this- although we (lo not und8restin>alt ihe nature of the challenge and vuln¢r8b114ty we facé 0$ an Earfy Yèars sellin9. We have hal sornè success in tern 0fwcfultnt- wlth o new $t•ff mwnbr stothg Irom Septémbet 2024.Again, WÈ are hopeful ihis Is somethlng we (an bulld on. Flnond81 pr8s8vr•s r8m8ln. We h8ve re$We ond Incfè856d our fees, folknwng A number olyea of no Intreas&. A$ a Twstee group our inientlon Is to reeW lees annually, ar conlinue to commvn(¢ate with reNts1¢Bres on Dur rnlionakry and financial sibJalton. Al Ihe SAM8 time we A committed to vabJln9 our staff. and •4surin9 th¢y am remun¥rated 8$ falrfy as VY can. wilhln our wider fir¢arwl tUation. Thls is atway5 8 fine bal8n¢ing act. AS I said I( year. have, in Na$S910n Pre-Scool #n amazin9 f8&1ity ol which we oro righty proud. Wè wwll to continuo lo d¢velop and ensure what we do •nables ¢hlldr8n to leam •n(f grow In the bgst posslbltr en¥[nMent. Flft*nclal revl•w Thè Slalèmenl of FtnandalAcllvili&s repottsd net incomo over expgndiluro 01 £3,755. The r•$erves Of th8 charity 89 ai 31 Augusl 2024 w•re £228,907 ofwhieh £78.907 were unrèslrfcted funds.
NASSINGTON PRE4CHOOL CIO TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2024 The tN5ts•5 hP a5S$8sed thè malor risks lo whth the ¢harity Is txp)sed. and are 5oti$fiad Ih8t Systems 8Te place to mitigale wosure to the major ri¥k5. Structur•. gov•rnan¢¢ and m•nagom•nt Th¢ tharity is a ch8rit8blo incorporolod organisation rogislerèd with the Charity Commission on 20 Mafch 2017. The InJstge5 who s¢Ned during the year and up to the dolg of slgn8ture ollhe financbal ststemenls were.. L John D Burrows A Shaw D Mortlrner R Park D W811s C Wèlls S Lange E Davidsc IRe319n•d 6 November 2023) IResl9fiÈd 4 March 20241 (Appolnted 4 Marth 20241 {Appointed 6 Nov8mb8f 20231 New tru5te8S arn appolnlgd 8$ requlred and tsc*lve a comprehgnsivtr induction gn the 8ctivltie$ ofthè Cha. The Iw$t¢es' rèportw85 approved by th¥ Board of Trustees. tsrtimef Trust Date:..
NASSINGTON PRE4CHOOL CIO INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF NASSINGTON PRE4CHOOL CIO I r•pDrt to the trv8t8es on my examinaiion of thg finan¢i•l stal8m•nl8 of Na$siTrJton Pro-school CIO (th$ charity) f the arendd 31 August 2024, R•#pon•lbllltl•• and b481¥ of r•port As the Im$i¢e$ ol the th8r¥ty you 8r& tesponsiblg lor Ihw preratiOft of the finorxagl $tslem8nts in 4co)rd8nco wlh Ihg requirements of lh• Ch8rib"05 Art 2011 (the 2011 Acl). I r¢port in itss1 ol my eXarft5rni0n ¢1 Ihe ¢harilys ffinanrial statéments rBrrt8d our vnder sedlon 145 01th& 2011 ACL In carying oul my examlnation I have followed all the oppll¢abl8 Dir8¢lfons glven by th• Chgrlty Convnl¥slon under section 14515Mb) oftho 2011 kn. Indend•nt •x•mln•rf• $tt•m•nt Your attention is drv+Vn fo th• facl that the tharfty has prepared flnanoal $tslements in 8ccotdanc• vthh Ac¢ouTrtiftg and Repoitirrfj by Chadties pr8p3fing their accounts in aewdaneè wlh Ihè Financlal Reporttng Slondard appllc4bk8 In the UK and R•publlc ol Ireland {FRS 1021 In prefer•n¢• to the ACun1Fn9 and Reporting by Charitio$: Staternenl f Recommended Pra[ce Issued on 14)ri12005 vthlch Is referre<l lo in th extont regulalltsnB l)ul has been thdrawm. l undersland thal Ihl8 has boen don¥ In ordor for finaneial statem•nts to pde o true and falr 0 In aordanc• wilh GgneraltyAccèpted Auounw Practlc8 effeCVe fer reporting lIodS b8glnning on or 8ft•r 1 Janu•ry 2015. I hav¢ mple1#<I my examlngtion. I confirm that no matl$rs havè ¢orne to my attent In nn9¢¢10n the ex8mination giv¢n9 me $? to bVe that in any rnatèrtal respert". accounting fe¢trds were not kept In re5pe¢l of th8 charity as rUlTed by secik)n 130 of Ihe 2011 Actr, or th& finanoal ststgments do nol aCcd w6th Ihose 18¢ords', or Ihg financlal 5t8lements do nol comply with th8 applkabb reqU1M&nIS eontemlng the fom and conlenl of ccounls set out In ths Ch8riJes IAccounl& and Reportsl Regulabons 2008 othef than any rnqulremanl that the acwjnts glv8 a true ond lalr vlew whi¢h is not a mattèr ¢onsidered as part ol an Independent examknafFon. I hgvè no ¢oncems an¢J hav¥ rne 8¢ross no other maltsrs In colmecllon wilh Iha ¢xamlnalion lo vthich altenli¢n should b$ drawn in this loport in C¥¥r lo enable a proper undornlanding of th8 financial slalgmenls tp be reoGhed. K M HllllardACA FCCA CTA Prfc• Ballèy LLP Tynd1 Court Lyr*hwots Pelerborou9h Cambrfdgeshire PE2 8LR Datèd-.
NASSINGTON PRE4CHOOL CIO STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31AUGUST2024 Unr•rtrl¢lod R•strlcted fundi fvnds 2024 2024 Total Unmtrl¢l•d Restrlctod funds fvnds 2023 2023 Total 2024 2023 Ineo Ch8llt#bie acbvliles Investments 100,428 536 100,428 536 93.781 182 93,781 182 Total Incom 100.964 11JQ,964 93,963 93,963 ond r•0 Charitable activillos 97,209 97.209 109.f66 109,666 Nèt lficom•ll•xp•ndKurs) for th• y•arl Net movtm•nt Sn fund6 3,755 3.755 115.7031 {15,7031 Fund bal8neès al 1 Stsptemb8r 2023 75,152 150.000 225.152 90,855 150.000 240.855 Fund b•l•nc•¥s at 31 Aupust 2024 78.907 150,000 228,907 75,152 150,000 225,152 Th9 statement Of financial act111$ Indudg5 all g8ln$ and10sse$ reco9nls•d In lh8 yeoT. All incom8 and w•ndNurè darivè frem c4nllnuln9 •dMti•s.
NASSINGTON PRE4CHOOL CIO BALANCE SHEET ASAT31AUGUST2024 2024 Not•9 2023 FIK•d •#s•ts Taroible 385gts 10 173.098 174.551 Current ass•ts Debl(¥s Cash at b8nk and in hand 11 1,072 55.396 2,577 49.605 Cr•dltor8: amounts falllno dy• wlthln ne yèar 56,468 $2,182 12 (6591 {1.5811 Nel current assets 55,809 50,601 Totsl ass•ts 1•8x ¢uff•nt Il•bHrtI•s 228.907 225.152 In¢om* fvnds Re51rtcled funds Unrn8tricted funds 13 15D.000 78.907 150,000 75,152 228.907 225.152 The financ181 statements were 8pprov8d bythe Tru81&85 on....... Diitirfimer Trust•9
NASSINGTON PRE-SCHOOL CIO NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024 A¢rountSng poll¢ls Chwlty Intonnatl¢>n Nas5ington Pre-school CIO is 8 Charitsblts InCoor41&d Oryanisalion r8glslgTtd on 20 March 2017. The charity reyi$lration numb6r 19 1172148. 1.1 A¢eountln9 conv•ntlon The fin8Arial stst8ments havts been propAred In 8cwdBn¢è the ch8riVs Igovemlng doNmentl. the Ch#rtUes Arl 2011, FRS 102 Yha Flnanciai Reporting Standard 8ppli¢able in the UK and Republi¢ ol ITe18nd- ("FRS 102.1 thg Chariues SORP "Accountsns Hnd Reporting ty Charibes: Sialement of Recornmended Ptaclice appllcabltr to th?ritie$ preparing their aceoL¢nts in accord8nce with the Fin8ntyAI Reporting Slandafd applicable in th6 UK and Republic ol Irel8nd (FRS 1021. leffe¢tive 1 January 20191. Tho ¢h8fity 15 8 Public Benafft Enllty as dgfmed by FRS 102. Th¢ chaTIty h85 tsk8n advontoge of th• provtslons the SORP for ¢h8Rtie5 not to pr•par• a St•tsm8nl of Cash Fths. The financial stslernenls have departed from the Chafttiès {Attwnts and Reports) Regulations 2008 r)nly lo the &xtent requlred lo provwje ¥ true and falr view. This departu ha5 Invdved folovring thè Statement of Recommen¢Sed Practice lor chariues ¥pFIn9 FRS 102 rather than th8 verslon of the Stslèmenl of Recomrntnded Pra¢d whi¢h Is referred to In the Regulations but which has slnce been wilhdT8Wn. The finan081 statfjments or8 pr#pad in st&rling, which 1$ the fun¢tlona5 currency of Ih? charily. Morotsry amounts in Ih8s0 finanual ststem¢xts are roun¢Jed lo Ihe noarg8t £. The finanual slaltments h•va been prepared 4Fn(Jgr Iht hislorfcal conntIon. The prindpal account1ft9 l¢le5 adopted are out below. 12 Golng ¢onMrn Al Ihe time ol 8pprnving tho finandal Siatemenls. the IEusle6s h8vg a rea90ble txpectatlon th81 the charity has 3dequal? rosour¢es to ntinue In oparation81 exislence for the fofeseeab18 fulure. Thus the Irustees conlinu8 to ado0 the golng concern 51$ ol a¢counJng In pr•paiin9 thè finantlal sto18mnts. 1,3 Charltsblo fund• Unrestrict8d funds ore 8V8i18blg for at th8 dlscretion ol the $190$ in fthrancè of Ih¢lr charitable obledivo$. 1.4 Income Inome Is recogn15ed when the ¢harity 1$ l•gally entiued lo ht after any pèrfonnanc¢ condwons have beoTr mel, th¢ amounts tan measured r¢llably, and 11 is PToboblB Ihèt income wlll be re¢elved. 1A Expendltur• Expèndituro is a¢counièd for on lln 8¢¢rual8 b#¥l$. 1.6 Tanglblg fixed •$s•ts Tangtbte fixed assets are inSlL8lly m?a$ured at ¢ost and subs¢ouentty megsud at ctssi or v8luatTron. nel ol depredalSon and ¥ny lrnpalrmèAt losse5. Depr•ciation is reeognisd so as to write olf the eosl or valualion of assets less Iheir resldual valu•s over their usef411 lives on the followr bases.. Freehold13nd and bulkslngs Fixtu$ and fffting5 Computer¥ 1V• per annum of buildlngs o)sI 3 or 4 year lino 25Yo reduon9 balance
NASSINGTON PRE4CHOOL CIO NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2024 Ae¢ountlng poll¢l• Icontlnuèd) Thg galn or lo¥$ aYisiThJ on tho disposal of an as8¢t is detsmiined as the Ll¢fferonce b8tw8&n th• sa18 proc8$ ¥nd the canwng value of tho a&Wt. and i¥ Tec¢gnis•d in tho Statement ol finarrial actiV41ie$. 1.7 Impalmienl of Ilx•d a8¥ Al each reportlng end date, charity revFews the ¢anying amounts of Its long1e aelS to dèlemilne Ythether there is any IrKlk8tion Ihal those •5s&ts have suffered an impalrnenl l¢ytss. Ir any 6u¢h Indk4tlon exlsts. th8 racoverable amount ol tho 4ts81 Is eslImad in ordw to dgternilne tho ext¢ni of the Impalrni¢nt loss Ilf any). 1.8 C•h and gqulv&l•nts Cgsh and cash equivalènts Indude Cash 4n hand. deposlts hold 01 ¢all Wlh banks, Other short4emi IH4uld inv851ments wtlh originql maturftl8$ of IIve8 monlhs or les$. 80(J bank ovèrdrnfts. Bank ovwdrafis Bra $hown vAlhln bmvhngs In current liabihues. 1.9 Flnanelal Instrum•nt Th charity has d•¢t8tJ to apply the pro510nS ol So¢tion 11 '8asic Finoncial In¥lruments' and Section f2 Flnandal In¥lrum•nls1ssuas' ol FRS 102 to all of ils finanLyg1 Instwm•nts. Flnancial in$trum•nts 8re reeognts¢d In the ¢harW$ balance Set whon th& Cha becomes paty to th& contraclu81 promslons of th8 In$lNment, Financlal 8ss•ls and liablltties afe offsol, wtth the not amounts prasgnted in tho f0181 8lalemgnls. whèn lh$ is a10gally enfor¢èable right Its sel off lh8 recognised 4mounts and thei8 Is an Inlonllon to settl• on ? ng1 basls or to 1801is& the asset and seltlt the Ilabilty 51multaAeously. Bask fjnan¢i81 atsets. whfeh include ¢j&blO and c45h and bar balan, are In}811Y moèsurad at transaction piteè Includlng transacllon costs an¢J are subsequtsnlty caiiisd al &mortisttd Cost ustng lh8 gffectiva Interesl me)thod unless the orrangémenl eonslltutès a finanon9 irèn$8cUon, whore trans8cllon is me8sur¢d al the présent value of the luture rneeipts dtktx)unled al g mark$i rale of Intot. Ananelal assets ¢lassifièd as recelvabje withln one year #m nol amortised. •slc Iln•n¢l•lll•blllll•$ Baslc finandal liabili¥S, Indudlrvj cr•ditors and bank loans arfr Inlllally re¢oohls•d al Irdnsacoon prke unhss Ihe arrangèment constitulès a financlng Iran$aCtl. ¥thor& the debl in$irum8nl is m88sursd at thè prosènt value of Ihe future Pay7rnts dIsftd 81 a mathet rale of inler6sL Finan¢lal Ilabllllies classmed as payabk8 wjthin one year ere not amortt8ed. inslwmenis 8re SubSeqntrY earrfed al amorti8ed cost. uslng the effèctive Inierest rnle method. Trdde are obllgations to pay for oood$ OF servlces Ihat havè been acqUIr In Ihe or¢lny ol optrnllor¢s f¥om suppfieFS. Amounts payablè are dassifd Bs cuThent liabllitie$ 41 payrTnt Is duè whhln one yeaf or less. If not. Ihgy #re pwsented os nonvCUènI Ilabllitles. Trad# creditor5 are r80)gnlsed Inllialty al trans8Ction prica and subsequenuy meoswed at amorli8ed cost usirty th• 8ff&ctN• inttriest melhod. Derecognltlon o11tn•nl Ilabllltlos Flnancial liabllltle$ 8re dtreco9nlsed when the charitys conlrncival obllgations wpire or are dl$¢horged or ¢ancèlbd.
NASSINGTON PRE4CHOOL CIO NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2024 Accountln9 pollclo$ IContlnu•dl 1.10 Employe• ben•flts The ¢ost ol any unused hotlday enliuemenl is recognised in the pèritsg In which the employee's services are Te¢eived. Temilnatkjn bvnefiis are rewnlsed immedlalely 0$ an eXpeft when the ¢harity is démonstrably committeil to tennintte the employment ol an employee or to prnvide temlknaQn benefits. 1.11 Rotlr•rnont bon•lltts Payments lo defined contributlon 11ment tter$I schemes are chaTyd 8$ an eyp6n$e as they fall due. Crltl¢al aecountlng •sllm#to$ •nd Judg•ments In Ihe applicallors of ih• eharity's oeLJnJTrJ pollths. the trus16es are wqulred to make lud9om•nts, 85bmates and assumptions about Ihe earying amounl ol a¥sets and liabilities that or4 nol re8dlly apparenl from other SOUfC05. Th¥ èstimates and assori8tsd assurnptions are basèd on hi51ori¢al expeii¢fi¢e and othèr factors Ihat are ¢onsldered lo be relevant. A¢iual results May differ from Ih¢se estimates. The èsUmale5 and Lsndertyin9 asSuMp0n5 are revi¢wed on an ongolng basis. Revisions ac¢ounling ostimale5 a recogni¥¢4 in the period in which the eSMat£ is rev15ed where th• r¢vlslon affects only that perfod, or in the period ol Iho f&s1On and futu peiiods where Ihè fevlsign tyffects both eurrent ¥nd lulure riods. Charltsbh •¢dvltl•s 2024 2023 Nursery fets Nufsery grants 33,927 66,501 45.997 47,784 11y),428 93,781 Invg•tm¢nt• Unr••trl¢t•d Unr••lrl¢t•d funds f¥Jnds 2024 2023 InteTe51 rfvabl 536 182
NASSINGTON PRE-SCHOOL CIO NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2024 CharStabl• tI¥ll1•S 2024 2023 Stsff cosis D8preoatlon Ènd Imp4lmi8nl Pr8schcd consum8blBs Staff tralnlng Subs¢ylpUon¥ Staft vnilorm Repairs 8n¢J m•lnlenAnc• 89,291 1.570 3,098 78 1,453 2,145 733 290 4,412 2,055 11 81.794 99,611 Share of $UpF (see note 61 Share Of9m•n¢e costs l$•e not• 6> 7.618 1.797 8,851 1,404 97.209 109,666 Support costs Support Gtw•man¢o ¢)sts 2024 Support Gov•man¢• 2023 Insurance Admln expanBo9 Lighl and heal Phonè and inlem81 Ckaning Compul&r rtsnnln9 1))sts 1.&80 133 2.105 1,743 667 1,290 1,680 133 2.105 1.743 867 1.290 1,394 244 3.434 1,478 1.576 525 1,394 244 3,434 1,478 1,576 525 Lo981 k)Tolession81 FIn admirA$tratFon 1,797 1.797 777 627 777 627 7,618 7,797 9.415 8,651 1,404 10,055 Anal belwe Charitsbl¢ acttvtties 7,618 1,797 9,415 8,651 1,404 10.05S cmanC¢ $ts includss paymgnis io Ihe Indèpgndenl examinws of £78012023 - £4791 for ind?p8nd¥nl Ox1n8110n fe95.
NASSINGTON PRE4CHOOL CIO NOTES TO THE FINANCIAL STATEMENTS {CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2024 Tru$t•ès During th• year, L Jolin, a truslee of the charity, r•c•lved a Temuneratltsn 01 £38,28912023- £36,411) for hÈi role as the pr&school manager 8nd ern¢)Yor penslon ¢onltibutions of £96212023 . £6221 lor her rtsle as the pre•school manager. During the year. L John, 8 trustfje of Ihe ch8rity re¢eivod rnlmbursemgnt for Irav81 and other expense$ lotsiling £3312023-£383). Thi6 in the e4wrse ol carrylng out hef employed role al th& nursery. During th¥ ygar. D W1$. a iN51ee ol the charity recelved rgimbuTsernenl for travel and oiher gxpenses lotalling £5012023- £nlll. Thls w8$ In the Coufse of carfying oui a lundrdbslng event for Ihg nur¥ery. employ•fr Thè average mthty number of èmployees during the year w85.. 2024 Nurnb•r 2023 Number emplwii•nt costs 2024 2023 Wages and salaries Olh8r penOn ccsts 79.186 1,757 87,695 1,596 80,943 89.291 There we¥e no ompltsyèes whose •nnu81 rernunelatton was mort than £60,000. T8xAtlon Th8 chsrity Is exgmpt from tsx on incomg And oolns falllng wthlrs sgctiorj 505 of th8 Tax•5Act 1988 or sedlon 252 of iha Taxation of Charge8blo G¥in$ Ad 1992 to the extent that thèÈ6 ar• oppliad to its chBrit¥blè oble¢ts. 10-
NASSINGTON PRE4CHOOL CIO NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2024 10 Thnolblo ftx•d •$$•ts Frn•htsJd l•n# Flxlumi •nd Computs•r and bulldlng Total Al 1 S&ptember2023 178,092 4.677 183,853 AI 31 AugLrsl 2W24 178.092 4.677 1.084 183,853 Depr•¢latlon and Impalmi•nt Al 1 S•pltsmber 2023 Depreoaiion chBTg9d In It year 4,677 617 117 9.302 1.453 1,336 At 31 AuguBI 2024 5,344 4.877 734 10.755 C•rryln9 amount At 31 Augu$l 2024 172,748 350 173.098 Al 31 AuSt 2023 174.084 467 174,551 11 D•lrto Amounts tslllng dy• wtthln Obm 2024 2023 Trade dblors Prepayments and a¢xfu•d In¢ome 1,2S4 1323 1,072 1.072 2,577 12 Cr•dltor4: Amounts f4lllng du• wlthln on• y•*r 2024 2023 Other taxation and sodal sewrfty Trad8 ¢reditor¥ Acwals ansl defead Inrthre (9581 667 950 454 1,127 659 1.581
NASSINGTON PRE4CHOOL CIO NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2024 IJ R•8trlctd lund8 The Income funds ol the ¢harity indude r•strfcted Ivnds comprfsing the loll¢)wing UxPendSd baiancos DI donalions and grants hèld on trust for spÈeific purposes: Movemnt Ill funds •t Ir¢¢DmlnA 1 S•pt•mbèr rfrBovrM• I S•pI•mr 2022 20Z3 Mo¥emtnl In funds IThG05nlng 31 August 2024 puhaS9 fund 150,000 Iso,000 150,000 The propaty purchase lund repre$ants £150.000 rgceived in order to facilltsle th¢ pw¢ha of thè pre.sthool wpmis8s, 14 An•ty¥ls of n•t as8th betwo•n fundi Unre5tdcted R•strld¢d funds fund$ 2024 2024 Tol81 Unrestrl¢t•d RtrICI¢d funds fund$ 2023 2023 Tolal 2024 2023 Fund balances at 31 Augu$t 2024 arè representèd by: Tangible ¥ssets Cvrrenl aSSgtslllrdbHitS951 173,098 55,809 173,098 55,809 24,551 SO,601 150.000 174,551 50,601 228.907 228.907 75.152 150.000 225.152 15 R•lJted party trOnellol During the a¢8domlc y¥ar, thildrèn of of th8 In>st86$ of the ¢h8rity attonded Ihg w&school. Fee$ w8 haTged lo the trusteos ai ftofmal rates.